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Independent auditor issues unmodified opinion on Richardson's 2023'24 financial report

2477730 · March 3, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Crowe audit partner Kevin Smith reported an unmodified opinion on the City of Richardson's Annual Comprehensive Financial Report for the fiscal year ending Sept. 30, 2024, and said the audit found no material weaknesses in internal controls; council members thanked staff for remediation work and timely delivery.

The City of Richardson received an unmodified opinion on its 2023'24 Annual Comprehensive Financial Report (ACFR), Crowe audit partner Kevin Smith told the City Council during a briefing.

"We have been issued an unmodified opinion upon both of those," Smith said, referring to the city's financial statements and the federal awards audit. He told…

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